OGFXTRADER

USDJPY LONG PRICE ACTION FORECAST -UPDATE-

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
If price correction reaches the golden Fibonacci level 6.18, it will fill a long entry to capture the pair's bullish momentum. The price action has been trading within an ascending channel from a broader timeframe. Still, a clear consolidation channel has kept the price action in a sideways movement in the intraday.

Adding a second position with the following characteristics.

The order:
Type: buy-limit
S/L: 42 pips - R:R | 1:3 -
T/P: previous supply level
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***

FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸

INSTAGRAM:
www.instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
www.facebook.com/ogfxtrader
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.